InnSuites Hospitality Trust (NYSE:IHT) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research report report published on Monday morning. The firm issued a hold rating on the stock.

InnSuites Hospitality Trust Price Performance

NYSE:IHT opened at $2.47 on Monday. InnSuites Hospitality Trust has a 52 week low of $1.28 and a 52 week high of $2.70. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 5.82. The stock has a market capitalization of $21.68 million, a PE ratio of -24.74 and a beta of 0.12. The stock’s 50-day moving average price is $2.43 and its 200-day moving average price is $2.38.

About InnSuites Hospitality Trust

InnSuites Hospitality Trust (NYSE American symbol: IHT) first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business. Trust that owns and manages hotels under the InnSuites Hotels name. IHT qualifies as a Real Estate Investment Trust (REIT) for tax treatment currently taxed as a corporation with the IRS.